The currency pair was long due for a correction. Last week’s candlestick on W1 is a “shooting star”.
Tag - eur
Traders await the ECB meeting…
On H4, the EUR/USD pair has fallen to the important support at 1.1126 and rebounded.
There are so many trade opportunities…
EUR/USD met resistance at 1.1280 last week: the euro made 3 unsuccessful attempts to break higher.
The USD is back in demand…
EUR/CHF broke below 1.1150 - the lower border of the sideways range within which it has been trading since the middle of 2018.
What market drivers are we waiting for?
Traders await the meeting of the ECB later this week…
EUR/JPY broke the support line connecting June lows and thus resumed the downtrend which has been in place since the start of 2018.
EUR/AUD is currently testing the support line from the start of 2017.
The USD has weakened on comments from the Fed members…